Qatar announces optimal oil price

Baku. 3 December. REPORT.AZ/ Oil price is acceptable at $70-80 a barrel for producers and consumers, Qatari Energy Minister Saad Sherida Al-Kaabi told a conference on Monday.

"I think the fair price of oil is $70-80 for both producers and consumers. Less than $70 a barrel hampers investments in energy sector," the minister said.